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Once again on April 2A billionaire businessman Mark Kobe He said His followers are from Bluezki, “It is not bad to go to the local Walmart or Big box and buy a lot of consumer materials now. From toothpaste to soap, anything you can find storing space for him, and buying before they have to renew the stock. Even if it is made in the United States of America, they will collect the price on the drops.”
Now, after four months, this is exactly what is happening.
Procter & Gamble (NYSE:PThe company, which is behind brands with large names such as Tide, Dawn, Charmin and Crest, announced in July that it will raise prices on about 25 % of its products that start in August. The average increase will be about 2.5 %, according to Washington Post. The company cited a billion dollar annual strikes as one of the reasons.
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During a media briefing, the financial director of P&G André Scholden He said that the increase will be “moderate” and “sufficient” and in line with “the consumers will test the typical of inflation.”
Retail analysts believe that more companies will follow. Walmart (nyse:WMT), Which already determines the tone of industry prices, High prices On elements such as games, kitchen tools and children’s equipment – products are mostly made in China. Steel and aluminum definitions It is also expected that the packaging costs of food and beverages such as beer, coffee and canned goods will be raised.
According to Tax CorporationNearly 75 % of American food imports are affected by definitions, including baked goods, fish, issues and lives.
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This last wave comes from high prices because many Americans are already struggling to keep up with it. Foundation for the last century reconnaissance I found that 61 % of Americans say that the Trump administration made the cost of living worse. The survey revealed Wide financial anxiety41 % said they had to decrease in savings, 37 % used credit cards to pay bills, and 25 % have them Skip Last year.
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